The stock has been trading inside a channel for a very long time. CMP 466 ;My view the stock is surely heading for 500+. Please do post your comments below what you feel abt the stock price.
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477 wohoo..its zooming
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Soon this stock should head to 500; a great stock to hold as an Investment bet too i feel personally.
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am in love with this stock..It shows no signs of exhaustion after a massive run..i think today we heading towards 490 levels
Trade closed manually
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VKB
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channel not wedge....i was kind of expecting retracement from upper case...but your idea almost forced me to buy....good pick...
Rajarshita_RS
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@VKB, Yes usually if a stock hits the upper end of the channel it retraces; but in this case what compelled me to go long was firstly volume secondly smaller time frame charts were extremely bullish. Hence thought of taking the risk to go long and till now it went perfect. hope it touches 500 soon.
VKB
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rising wedge B.O. are rare but explosive one....should move abv 500